“I’m proud to be recognized as Executive of the Year by the Business Intelligence Group,” said Wuerch. “In just our first year in business, we’ve seen tremendous growth with hundreds of thousands becoming members with Solavei and our social commerce network driving down everyday expenses for families across the country.”

Each year, the Business Intelligence Group seeks to recognize true talent and superior performance in business. Judged by some of the business industry’s biggest names, the Business Intelligence Group selectively measures performance across multiple business domains and then rewards those companies whose achievements continually stand above their peers.

“We love Ryan Wuerch’s vision for the future of mobile services and the development of a social commerce network,” said Dawn Fordyce, managing director, Business Intelligence Group. “It’s exciting to see a business model shaking up the industry and positively impacting lives.”

People join Solavei to enjoy contract-free, unlimited voice, text and data mobile service on a leading nationwide 4G network for just $49/month, and in the future Solavei will also offer its customers reduced-cost primary household goods and services such as general merchandise, broadband, energy, cable and financial services.

The Solavei social commerce network enables individuals to easily sign up, save money on primary goods and services and earn money when members refer their friends and family through the Solavei platform. To learn more about Solavei, visit solavei.com

Solavei is the world’s first social commerce network – it represents a whole new way of doing business. The Solavei mission is to make commerce less expensive and even profitable. While other companies spend billions on retail locations and traditional advertising, Solavei rewards its members for sharing Solavei with the people who know and trust them. Solavei does this by providing a social commerce network that enhances its members’ social connections and naturally rewards them for sharing the products and services they use every day. Former Fortune 100 telecom and retail executives and advisors lead Solavei. For more information, visit Solavei.com. For the brand’s latest news and updates, find Solavei on social media at Facebook.com/Solavei and Twitter.com/Solavei.

About the Business Intelligence Group

The Business Intelligence Group, creator of the BIG Awards, was founded with a mission of recognizing true talent and superior performance in the business world. Unlike other award programs, real business people with experience and knowledge judge the BIG Awards. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains, and rewards companies whose achievements stand above those of their peers.

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Motricity and I parted ways in the summer of 2011 but I’m extremely proud of the company and its employees and all we achieved together. I had an idea in early 2001 to create a global leader in mobile data solutions and services and it became Motricity. Over the past decade, we built an enterprise with more than $100 million in revenue and a market value that exceeded $1 billion.

We had many goals along the way, such as:

• Creating industry-leading technology that would enable the largest mobile operators to deliver mobile data and content.
• Providing employment to hundreds of extremely talented employees.
• Taking the company through each stage of growth, including the capital markets.
• Delivering a strong return for our investors and creating a company with a value greater than a billion dollars.

I’m proud to say that we achieved each of those goals.

Some investors have sued Motricity and raised distasteful and untrue allegations about me and the company, among others. But, many people had great experiences with Motricity, including hundreds of employees who earned a good livelihood, customers who were provided beneficial technology and services, and many investors who received significant returns.

Someone I don’t know has created a website with my name that says some nasty and untrue things about me and the company. No one is taking credit for creating this site.

I’m prohibited from saying much about the class-action lawsuit, but here’s what I can share: I’m one of 10 people and eight companies named in the lawsuit.  Motricity’s lawyers and I believe the suit is without merit.

The fact is: I’m proud of what Motricity accomplished under my watch. I founded Motricity and spent nearly a decade building it into a business that was valued at more than $1 billion.

When I left, I still owned a majority of the stock I had when the company went public in 2010. I still own much of the stock today.  When Motricity’s stock dropped, it’s likely that very few could have lost more than me.

In short, this is how Motricity’s lawyers characterize the lawsuit: “the Complaint’s defects are numerous and its merits nonexistent.’’

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